Car Industry's 2010 Face Off... ... If 2009 was the year of thundering bankruptcies and an almost total collapse of the American car industry - while the Japanese more or less flourished - 2010 seems to be the exact opposite. General Motors, Ford and even Chrysler – who were technically dead as ... Continue reading >
100+ years since the invention of the self-propelled car, three new engines battle for a place in the automotive future. Which one do you see in your car 10 years from now?
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After presenting the Lotus Cosworth T127 Formula One car, an open wheeler powered by a Cosworth engine, British carmaker Lotus announced today it will expand the partnership with the engine maker to include "all motorsport activities which are based on Toyota ...
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British luxury car manufacturer Bentley announced today it will expand FlexFuel capabilities across the entire Continental range, meaning the new Supersports Convertible and its W12 6.0L unit will also be able to use petrol, E85 bioethanol or any mix of the two ...
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Last week we reported that Tata Motors, the owner of Jaguar Land Rover, secured a 340 million pounds loan form the European Investment Bank, destined for the development of hybrid Jaguar and Land Rover cars.
Now that it has the financial resources to develop ...
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Besides the fact that he's the President of Romania, Traian Basescu is a very lucky guy. Mostly because some of his wishes are quickly coming true, at least when it comes to the next car he'll drive.
In other words, all the other Dacia fans (no pun intended) ...
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Opel/Vauxhall Gets 1.9 Billion Euro from GMINDUSTRYUnder its viability plan, Opel/Vauxhall estimated that it needs 3.3 billion Euro. Though at first General Motors said it will only contribute with 600 million Euro, the Geneva Auto Show brings us some good news: GM will contribute with a substantial 1.9 billion Euro funding package. This means that the requested total of loan guarantees from European governments will decline from 2.7 billion Euros to under 2 billion Euros. The announcement removes any potential liquidity risks during the restructuring this year. “GM’s 1.9 billion Euros commitment is the right course of action for Opel/Vauxhall and should clearly signal our determination to fix our business,” said Nick Reilly. “Our call for the additional funding was approved by GM’s senior ... >> Read more |
Daimler AG announced the signing of a memorandum of understanding with the Chinese BYD car manufacturer for the co-development of electric vehicles in China.
The two companies plan to create an electric vehicle destined for the booming Chinese market, which will have ...
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As announced since yesterday, Toyota's CEO Akio Toyoda traveled to China to make amends for the company's huge recall. Then CEO apologized in front of 300 reporters in Beijing but, unlike in the US, when emotion overcame him, Toyoda kept a calm tone and showed no ...
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In the eve of the Geneva Auto Show, where the Volkswagen group will field a line-up of hybrids and EVs unlike anything it ever assembled, the company's chairman of the board, Martin Winterkorn, stepped up and announced what we'll see in Geneva is only the ...
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Recession forced car dealers to pay more attention to the customers, so most of them had to improve their customer service. Then again, brands like Mercedes-Benz didn’t need improvements, as they are recognized for their commitment to customer ...
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More and more automakers take advantage of China’s booming car market, with both domestic and imported brands enjoying increasing sales. China’s largest commercial vehicles producer, Beiqi Foton Motor Co Ltd, has recently announced that its 2009 net ...
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The ever-increasing eco awareness and the global financial crisis have determined automotive producers to start the downsizing trend, replacing naturally aspirated engines with smaller-capacity forced induction units that are more efficient, in order to improve the ...
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For the third year in a row, Italian manufacturer Fiat achieved the lowest average value for CO2 emissions of cars sold in 2009: 127.8 g/km (it was 133.7 g/km in 2009). The recognition was made by JATO, an automotive advisory and research services provider ...
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The Dealer of the Year Awards have never been more important as they usually are this year, as the recession made car sales drop all over the world and forced dealers to struggle for each sale. Volkswagen Australia decided to award the ones which coped with the ...
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Buying a new car in Australia has just became easier, as the Federal Chamber of Automotive Industries (FCAI), in partnership with many vehicle brands, has established a new online price calculator to provide customers with an all-inclusive “drive away” ...
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The Hyundai brand has gone a long way in the past year. The Korean car manufacturer launched a lot of new models which helped rise sales and market share in both the US and the European markets. At this point, Hyundai is thinking about pushing things further by ...
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Boosting new car sales has been an important issue for many governments around the world, especially the American one. As officials are still looking for solutions to keep the auto industry going, Governor Edward G. Rendell told the members of the Automobile ...
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The Ford Fiesta and the Ford Ka have posted high January & February sales figures, exceeding the carmaker’s expectations. As a result, Ford Motor Co. has decided to increase its European production target for the first quarter of the current year, as ...
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Just one year after he was promoted to the Managing Director position, Bora Koçak announced he will leave Mazda Turkey this month, due to what he says are personal reasons. The carmaker says Koçak’s successor is to be announced officially the ...
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Car rental company Avis signed an agreement with Renault-Nissan to provide electric cars to its consumers from 2011, the same year when the alliance is due to introduce several electric cars showed to us at the past auto events.
“At Avis, we are committed ...
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Renault has just announced that its Batilly plant in France will be the one and only production site for the new Master, as the factory has the necessary equipment to handle operations for the new model, the French manufacturer said in a release.
"Renault ...
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